WELCH DEEP GU

Operated by SABINE ENERGY INC. (P-5 103925) in the CARTHAGE (HAYNESVILLE SHALE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 260971District 06Field 160323002 tax incentive programmesCondensateGasSaveExport
Value, all time
$18.3 M
Dec 2010 – May 2026
Value, last 12 filed months
$5 k
at the published price for each month
Months reported
186
no gaps in the span
Streams
2
condensate, gas

The Railroad Commission's own record for the field this lease produces from, including the spacing rule that governs how close together its wells may be drilled.

These are facts about the field, not about this lease. The field holds 2,565 leases and 2,565 wells, and the rule below applies to all of them.

Discovered
2009-12-15
as the register files it
Field class
Gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2013-01-29.

The Commission's schedule remark for this field reads: DESIGNATED AS UFT FIELD PER DOCKET 01-0299858

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas112014-06-18213468
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

What this lease produced, and what it was worth

Oil and condensate are valued on the volume the state records as disposed of; gas and casinghead gas on the volume produced. They are different columns of different files, and the difference is not cosmetic.

StreamBasisVolumeValue
CondensateDisposition509 bbl$35,317
GasProduction5,176,620 Mcf$18,278,721
Total$18,314,037

Wells on this lease (1)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 32.4876, -94.5433. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.48756, -94.54325 · centre of the wells drawn, derived

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
11,580 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
1100.0%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

The one well that filed a depth was drilled to 11,580 ft.

Completions filed
Dec 2014
1 of 1 wells

1 well

42-203350101H11,580 ftDec 2014

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (186)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

186 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 202501,50566.483.13$4,709
May 202506,58660.553.23$21,288
Apr 202506,84562.363.54$24,253
Mar 202507,60467.704.27$32,456
Feb 202506,31770.884.34$27,421
Jan 202506,13774.324.28$26,258
Dec 202406,74268.993.12$21,044
Nov 202406,31769.052.20$13,888
Oct 202407,07071.372.28$16,130
Sep 202407,01469.612.36$16,584
Aug 202407,40575.632.06$15,281
Jul 202409,47279.932.15$20,333
Jun 202405,16178.082.63$13,594
May 202405,19278.812.20$11,414
Apr 202407,58784.451.66$12,588
Mar 202407,55280.301.55$11,669
Feb 202407,20176.091.78$12,844
Jan 202419,35873.023.30$30,933
Dec 202307,74071.262.61$20,207
Nov 202308,25177.892.81$23,165
Oct 202308,43085.443.09$26,026
Sep 202308,31289.042.74$22,734
Aug 202308,85780.522.67$23,674
Jul 202317,49574.852.64$19,875
Jun 202307,86768.962.26$17,767
May 202328,97170.622.23$20,123
Apr 202308,75178.122.24$19,583
Mar 202379,16272.852.39$22,436
Feb 202308,21175.112.47$20,246
Jan 202309,06076.533.39$30,693
Dec 202239,33876.415.73$53,727
Nov 202229,07185.005.65$51,387
Oct 202259,60987.185.86$56,781
Sep 202239,49184.888.16$77,736
Aug 202209,60594.529.13$87,666
Jul 2022010,059101.587.54$75,866
Jun 202229,875115.097.98$79,005
May 2022210,224109.378.43$86,438
Apr 2022210,044104.226.84$68,885
Mar 2022810,365108.885.08$53,488
Feb 202239,51391.054.86$46,495
Jan 2022010,10381.844.54$45,844
Dec 2021210,77671.323.90$42,160
Nov 2021410,76377.435.24$56,674
Oct 2021710,81579.795.71$62,354
Sep 20211210,85969.865.35$58,944
Aug 20211211,60666.024.22$49,776
Jul 20211111,71570.783.98$47,429
Jun 2021111,51869.493.38$39,007
May 2021011,97563.483.02$36,137
Apr 2021111,95560.362.76$33,037
Mar 2021213,29961.302.72$36,255
Feb 2021147157.805.55$2,671
Jan 2021011,00150.412.81$30,916
Dec 2020012,02244.642.68$32,164
Nov 2020011,32238.772.71$30,644
Oct 2020112,08536.972.48$29,989
Sep 2020112,31737.091.99$24,561
Aug 2020011,12739.982.39$26,539
Jul 2020013,55538.371.83$24,740
Jun 2020112,90934.901.69$21,855
May 2020017,80116.921.81$32,304
Apr 202006,94114.751.80$12,524
Mar 2020011,45230.341.86$21,258
Feb 2020010,83949.881.98$21,468
Jan 2020214,50557.252.09$30,499
Dec 2019114,80359.012.30$34,170
Nov 2019014,77955.302.75$40,653
Oct 2019115,54253.472.42$37,642
Sep 2019215,41055.052.66$41,059
Aug 2019016,20653.112.30$37,344
Jul 2019016,45256.272.46$40,473
Jun 2019316,19652.782.49$40,506
May 2019116,88258.482.74$46,321
Apr 2019117,24962.632.75$47,509
Mar 2019317,98156.803.06$55,230
Feb 2019216,81650.852.79$47,056
Jan 2019317,64146.033.23$57,086
Dec 2018418,66646.594.19$78,312
Nov 2018418,99852.934.24$80,711
Oct 2018120,57461.443.40$69,974
Sep 2018020,16259.543.11$62,664
Aug 2018022,43059.403.07$68,783
Jul 2018119,96065.142.93$58,585
Jun 2018521,05260.183.08$65,076
May 2018722,85565.382.90$66,755
Apr 2018522,71863.842.90$66,220
Mar 2018323,42461.222.79$65,463
Feb 2018221,15861.782.77$58,649
Jan 2018323,52062.874.01$94,488
Dec 2017224,32157.272.92$71,169
Nov 2017226,15255.423.12$81,662
Oct 2017126,79249.292.98$79,988
Sep 2017127,25247.523.09$84,182
Aug 2017028,95645.373.00$86,995
Jul 2017030,45943.873.09$94,035
Jun 2017430,52842.493.09$94,418
May 2017532,37745.373.26$105,886
Apr 2017531,91247.933.21$102,728
Mar 2017234,10846.772.98$101,861
Feb 2017231,22350.452.95$92,290
Jan 2017436,39049.413.42$124,608
Dec 2016638,35648.763.72$143,085
Nov 2016739,08742.492.64$103,657
Oct 2016842,11846.193.09$130,525
Sep 20161242,21541.553.10$131,392
Aug 20162245,49141.442.92$133,943
Jul 20162047,61341.622.92$140,069
Jun 20161348,25545.352.69$130,194
May 20161452,10442.521.99$104,336
Apr 2016052,45936.561.99$104,448
Mar 2016056,38133.011.79$101,148
Feb 2016056,60526.472.06$116,812
Jan 2016261,53127.352.36$145,536
Dec 2015363,08832.362.00$126,362
Nov 2015064,91138.792.17$140,684
Oct 2015672,99543.552.43$177,390
Sep 2015676,74342.992.76$211,947
Aug 2015483,96540.162.87$241,349
Jul 2015687,58848.152.95$258,243
Jun 2015690,49556.152.88$261,221
May 20155104,97955.212.96$310,536
Apr 20153105,82749.822.71$286,578
Mar 20153116,07742.892.93$340,781
Feb 20153111,24744.662.98$331,226
Jan 20153133,63743.433.10$414,489
Dec 20140141,68554.693.59$508,842
Nov 20144148,64270.464.25$632,284
Oct 20143166,89478.303.90$651,282
Sep 201419175,56486.164.05$711,871
Aug 201421200,53589.394.04$811,060
Jul 201415225,43996.564.18$943,693
Jun 201437249,12298.164.74$1,183,693
May 201434298,37094.734.73$1,413,485
Apr 201424334,63495.944.81$1,611,598
Mar 201421116,92795.895.06$593,290
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0

How to read this page

The arithmetic is one multiplication per stream per month. Here it is, worked, on a real row from the table above.

Jun 2025 — as filed, then multipliedworked
Condensate             0 bbl  × $ 66.48 =         $0
Gas                1,505 Mcf  × $  3.13 =     $4,709

────────────────────────────────────────────────────
Month total                                   $4,709

The volumes are the state's, unchanged

Every barrel and every Mcf on this page is a number the Railroad Commission of Texas published in its monthly production query. Nothing is modelled, estimated or filled in.

The dollars are a multiplication, not a valuation

Volume × a published monthly price. It is not what the operator was paid: it takes no account of a contract, a differential, a transportation deduction, or the share any one owner holds.

Oil and gas are priced differently

Oil is a Texas realisation — the crude oil first purchase price. Gas is a benchmark, because no free Texas wellhead gas series exists at any date. The prices page publishes the difference rather than correcting it away.

A lease is not a well

The state reports oil on lease and gas on well, and this page is the lease grain. 06/G/260971 is the state's own key, not one this site invented.